Gormans’ estate gift will fund School of Business professorship
She and her husband, Mike Gorman, aa ’77, are ensuring entrepreneurial hopefuls will have great classroom leadership in the future. A gift in the
“The best students learn from great faculty members,” Shirley said. “And having an endowed professorship in our estate plan seems like a valid use of the money we worked so hard to save.”
Shirley has had an interest in entrepreneurship since the '80s when it wasn’t a popular topic.
“Back then, you went to business school to work for a corporation. You didn’t go to business school to start your own business,” she said. “Now, entrepreneurship is very popular.”
She earned her bachelor’s degree from Washburn in 1986 and then soon started working in the Small Business Development Center.
“I knew I didn’t want to work with corporate America and searched for other alternatives,” she said. “The SBDC combined working with people in the community and teaching business skills.”
She then went on to serve the School of Business as director of student affairs and run the MBA program. She saw many students go on to great careers.
Mike earned his associate’s degree in computer science when it was a groundbreaking career field and had a successful career of more than 30 years at Blue Cross and Blue Shield of Kansas. They are both retired now and saw fit about two years ago to begin the estate planning process. Through John Griffin, an estate planner provided by Washburn University Alumni Association and Foundation, they worked to put their wishes in place.
“He was very helpful and made the process less intimidating,” Shirley said. The
Mike and Shirley feel confident that the process will create a meaningful legacy and would for anyone else interested in making Washburn a part of their estate plan.
“You can trust that your wishes are going to be fulfilled,” she said.
You too can leave a legacy at Washburn in an area important to you. For information on estate planning and leaving a gift for an academic chair, professorship, scholarship or other uses, contact Jeannie Shy at 785.670.2734 or firstname.lastname@example.org.
The information on this website is not intended as legal or tax advice. For such advice, please consult an attorney or tax advisor. Figures cited in examples are for hypothetical purposes only and are subject to change. References to estate and income taxes include federal taxes only. State income/estate taxes or state law may impact your results. Annuities are subject to regulation by the State of California. Payments under such agreements, however, are not protected or otherwise guaranteed by any government agency or the California Life and Health Insurance Guarantee Association. A charitable gift annuity is not regulated by the Oklahoma Insurance Department and is not protected by a guaranty association affiliated with the Oklahoma Insurance Department. Charitable gift annuities are not regulated by and are not under the jurisdiction of the South Dakota Division of Insurance.